Efficient Management of projects in construction industries is becoming a challenge with the passing time. Many project managers manage their project performance by comparing planned to actual results. Earned Value Analysis is not only a planning tool but controlling tool which is used during the execution phase of project to check if the project is ahead or behind the schedule and if it is over budget or under budget. Earned Value Analysis can track project at any stage and helps the remaining project. So, it gives an idea about the approximation of the project to the project managers or the respective firm.